Today I want to tell you about one of the three free newsletters that I read every day without fail. The other two aren’t money-related, so perhaps I’ll cover them another time. I’ve been a subscriber for more than 2 years. During that time’s it’s become incredibly popular with more than 400,000 subscribers.
You know those clickbait titles that make all sorts of crazy claims? This isn’t one of them. Finimize really is best described as “your essential 3 minute daily finance read.” (Those are my words, but I fully expect them to
steal borrow them for their future marketing purposes.)
Did I mention that it’s free? I did? Good. It’s easy to miss that very important word with all the other information I’m putting out there.
When you sign up for Finizmize you’ll likely get an email like this one (though it’s possible the welcome has changed in 2 years):
What do you get when you subscribe?
Every morning, I get a financial email that focuses on just two of the main things that happened in the markets. Sometimes it’s a stock. Sometimes it’s a snapshot of an economic report. It always has a section “Why Should I Care?” that explains in plain language what’s really going on.
This morning one of the focuses was on the odds of a recession. It cited this chart from the NY Federal Reserve. You’ll want to scroll down on that for the really amazing part. The Fed has pretty much nailed all the major recessions… and we’re at the point where it’s looking like the next one is upon us.
I know people have been saying that for years, but it’s “next level” to see an authoritative source present a 60-year historical chart showing that a recession is coming.
How could you use this information? Maybe you could take a more conservative investment approach? Personally, I’m going to be shifting some money into bonds. Another possibility is to sell some stock and hold some cash. I’m not going to suggest what you should do, but give you some ideas of what you could do.
The other thing that I love about Finimize is that it is only a 3-minute time investment. We’re all busy, and even financial nerds like me have to think twice about spending 20 minutes on an in-depth financial read.
I’ll highlight a few more things from Finimize in the upcoming weeks and months, but for now I’ll take their cue and keep it sort and sweet. Sign up with this link or the button below: